With 40.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 16.46 million shares. The 52-week range on AES shows that it touched its highest point at $22.21 and its lowest point at $9.57 during that stretch. It currently has a 1-year price target of $13.82. With its current market cap of 6.86 billion, AES has annualized dividend of $0.70 while the current yield stands at 7.24%. Beta for the stock currently stands at 0.95.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AES was down-trending over the past week, with a drop of -22.34%, but this was down by -4.84% over a month. Three-month performance dropped to -9.07% while six-month performance fell -29.91%. The stock lost -54.75% in the past year, while it has lost -25.17% so far this year. A look at the trailing 12-month EPS for AES yields 1.83 with Next year EPS estimates of 2.23. For the next quarter, that number is 0.46. This implies an EPS growth rate of 0.72% for this year and 3.56% for next year. EPS is expected to grow by 2.79% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 39.18%.
Float and Shares Shorts:
At present, 711.91 million AES shares are outstanding with a float of 708.34 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AES since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.9416 being high and $1.88216 being low. For AES, this leads to a yearly average estimate of $1.91188.
